2025 Compare Cities Economy:
Elgin, IL vs Lakewood, OH

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Highlights
- Household income in Lakewood, is 28% less than it is in Elgin and is 20% below the National Average.
- Elgin unemployment rate is 9.9%.
- Lakewood unemployment rate is 5.2%.
 Elgin, ILLakewood, OHUnited States
 Unemployment Rate  Unlock5.2%6.0%
 Recent Job Growth  Unlock1.0%1.6%
 Future Job Growth28.3%  Unlock33.5%
 Sales Taxes8.5%  Unlock6.2%
 Income Taxes  Unlock5.0%4.6%
 Income per Cap.$31,673  Unlock$37,638
 Household Income  Unlock$57,588$69,021
 Family Median Income$88,684  Unlock$85,028
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 Est. Households By Income
 Elgin, ILLakewood, OHUnited States
 Income Less Than 15K  Unlock10.8%9.4%
 Income between 15K and 20K2.2%  Unlock3.8%
 Income between 20K and 30K  Unlock9.0%8.1%
 Income between 30K and 40K7.8%  Unlock8.0%
 Income between 40K and 50K  Unlock9.1%7.6%
 Income between 50K and 60K7.0%  Unlock7.2%
 Income between 60K and 75K  Unlock11.3%9.6%
 Income between 75K and 100K16.1%  Unlock12.8%
 Income between 100K and 150K  Unlock13.3%16.3%
 Income between 150K and 200K9.0%  Unlock7.8%
 Income greater than 200K  Unlock5.5%9.5%
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 Population By Occupation
 Elgin, ILLakewood, OHUnited States
 Management, business, finance13.6%  Unlock16.4%
 Engineering, computers, science  Unlock8.5%6.5%
 Community, social services1.4%  Unlock1.8%
 Legal  Unlock1.6%1.2%
 Education, library4.5%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock3.5%2.0%
 Healthcare practitioners and technology4.1%  Unlock6.2%
 Healthcare support  Unlock1.7%3.3%
 Firefighters, law enforcement2.0%  Unlock2.1%
 Food preparation, serving  Unlock7.3%5.4%
 Building maintenance4.8%  Unlock3.6%
 Personal care  Unlock2.8%2.6%
 Sales, office, administrative support21.9%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.2%0.6%
 Construction, extraction, maintenance/repair8.9%  Unlock8.1%
 Production, transportation, material moving  Unlock7.8%13.1%
Reviews for Elgin    9 Reviews

When I first moved to Elgin 2 years ago I did not like it. I lived in a mobile home park near the river and highway 90 in a senior community that over prices it's lot  More

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Hi, as a way of updating the post for Elgin and providing a rebuttal for some of the negative reviews, I've decided to post on this board. I've lived in Elgin since  More

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Over 15 years ago

I have lived in Elgin my whole life and it is very sad to read these comments about my town.... I'm a senior at South Elgin High School and I will be graduating this  More

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Reviews for Lakewood    7 Reviews

Over 11 years ago

Lakewood, Ohio has the best of everything. Restaurants, small business, walkability, library, theater, schools, century homes, front porches, neighborhoods, parks, Lake  More

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Over 12 years ago

If you get a job in Cleveland, THIS IS THE PLACE TO LIVE! It has something for everybody. I was raised here and never knew anything else at this time. Once I went away  More

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Over 12 years ago

I haven't lived here, but have spent a lot of time in the area, and most certainly will move here when I finally can move back to the Cleveland area in a few years. I  More

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